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Listed by Greg Bassirpou • Marcus & Millichap RE Invest
$ 2,390,000
Est. payment | /mo
6,199 Sqft Lot
$ 2,390,000
Est. payment | /mo
6,199 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25169862
Year Built 1955
Lot Size 6,199 Sqft
Source California Regional MLS
Property Description
We are pleased to present the 79th Street Apartments, an 8-unit multifamily property located in the rapidly evolving South Los Angeles submarket. The asset features (5) one-bedroom/ one-bathroom units, (1) two-bedroom/ one-bathroom unit, and (2) newly constructed Accessory Dwelling Units (ADUs) completed in 2025. The property sits on a corner lot totaling approximately 6,199 square feet. The original six units have been fully renovated to include new flooring, modern kitchens and bathrooms, upgraded fixtures, new electrical systems, and fresh paint. The two newly built three-bedroom/ two-bathroom ADUs are highly upgraded, offering modern kitchens and bathrooms with quartz countertops, recessed lighting, individual water heaters, and A/C units. Located just minutes from Downtown Los Angeles, USC, and major transit corridors including the 110 and 105 Freeways, this asset benefits from high rental demand and convenient access to job centers throughout the city. The 90003 zip code is undergoing significant transformation with new development, city reinvestment, and infrastructure improvements driving interest from investors. The area continues to show strong rental fundamentals, improving demographics, and considerable upside as surrounding neighborhoods gentrify.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Laundry None
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 6030002001
Special Listing Condition Not Applicable
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Tim Alford & Faye Bon
REALTOR® | Lic# 01507448 | 01746037